diff --git a/hack/dependencies.yml b/hack/dependencies.yml
index aa7704b81..365ee6699 100644
--- a/hack/dependencies.yml
+++ b/hack/dependencies.yml
@@ -20,14 +20,14 @@
   version: v0.34.0
 - checksums:
     darwin:
-      amd64: 20b57cbb2ba883ebb78809a71c42c0f26b7b0ca15610d7a37dab4d962cca6e54
+      amd64: 51e209f903b17c9e330151c41c6d507bfabccfdaa56dd8fdaa1c0f39ed2240e9
     linux:
-      amd64: 1f5fa1cb1d90575d97d7f7f801070ebf4096f10a0b21b4bbd9521b183bad91c6
+      amd64: dec5040d90478fdf0af3c1548d46f9ded642f156245bba83fe99171c8461e4f7
   dev: true
   name: kapp
   repo: vmware-tanzu/carvel-kapp
   urlTemplate: https://github.com/vmware-tanzu/carvel-{{.Name}}/releases/download/{{.Version}}/{{.Name}}-{{.OS}}-{{.Arch}}
-  version: v0.48.0
+  version: v0.49.0
 - checksums:
     darwin:
       amd64: b8462c9b2b9c060e1a81c206ea9810937bf7357ae2ee150f94ec8635dff1d612